British Columbia · CCAA
Eleventh Report of the Monitor
Court officer report · 23 April 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing4 verified
- financial positionnote: Total assets not stated in this report; only a list of Remaining Assets (Oliver Packing Plant, Keremeos and Summerland storage, IP, A/R, tax attributes, misc.) is given, with no values. The $20.7 million is the total of known creditor Claims, not a balance-sheet liabilities figure; the Monitor notes it expects Proven Claims to be paid in full with likely surplus funds. Restructuring claims value 'is not ascertainable as of the date of this Eleventh Report'. · as at: 2024-08-13 · basis: Known Claims as at the Filing Date based on the BCTF Group's records (unaudited books and records); the Monitor has not audited this information. Claims figures are still subject to change as the IAF assignment process continues until April 30, 2025. · scope: Combined known claims against BCTFC ($14,676,809) and GSC ($6,040,808); BCTF Industries is not separately listed. · currency: CAD · total liabilities: 20717617
- operational summaryBCTFC has ceased receiving fruit and cannot process or sell fruit for the 2025 crop season, so it disclaimed all grower fruit delivery contracts; it is marketing and selling its remaining assets and moving to a claims process, with surplus funds expected after Proven Claims are paid in full.
- report date23 April 2025
- report noEleventh Report of the Monitor